Drove up to Michigan today and stopped in New Buffalo (first exit in Michigan). There are 6 dispensaries off the exit and nothing else. Every parking lot is full.
Drove up to Michigan today and stopped in New Buffalo (first exit in Michigan). There are 6 dispensaries off the exit and nothing else. Every parking lot is full. https://t.co/tsAZWzfzjJ
GTI is selling $50 eights and $70 grams of distillate in MN. They are only selling in house brands. They paid almost $160M to acquire Leafline in 2021, but $118M of that was in stock at a share price 3x what it is today. It will likely be the most profitable state for the…
My take on the target market for each company’s beverages:
Trulieve: Health conscious people looking for a healthier alternative, likely targeting natural grocers for distro
GTI: Party/concert goers, distribute in liquor stores, more mass market
Curaleaf: Curaleaf investors
IMO, if you can’t calculate Agrify’s diluted share count after the convertibles, you shouldn’t be buying the stock. You also need to understand their revenue. I think it’s much, much easier to overpay for Agrify than GTI. The valuation already seems ridiculous on a diluted basis.
As multiple people already commented, this is likely nothing to worry about. They would be taking over <2 acres of their 28 acre property. The land is along one of the existing roads and will likely have little to no impact. $GTBIF
As multiple people already commented, this is likely nothing to worry about. They would be taking over <2 acres of their 28 acre property. The land is along one of the existing roads and will likely have little to no impact. $GTBIF
Largest cultivation facility in IL is up for sale by a distressed seller. Time for GTI to start making moves?
This also was an IIPR facility, so need to look into that a little more
chicagobusiness.com/cannabis/4fron…
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